NCEM Nevada Chemicals (MM)

The Board of Directors of Nevada Chemicals, Inc. (NASDAQ:NCEM), today announced a quarterly dividend of U.S. $0.10 per share on its common stock, payable July 7, 2008 to holders of record at the close of business on June 20, 2008. Nevada Chemicals has now paid quarterly dividends for the past four quarters totaling $0.37, which represents approximately a 4% dividend yield based upon the current stock trading price. Nevada Chemicals, Inc., through its 50% stake in Cyanco, a chemical producer of sodium cyanide located in Winnemucca, Nevada, is the premier producer of strategic chemicals for the gold mining industry of the United States. Note: The foregoing contains �forward-looking� statements that are pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risks and uncertainties that may affect the Company�s business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other factors discussed in the Company�s reports to shareholders and periodic filings with the Securities and Exchange Commission.